World Bank Presses China on Urbanization

BEIJING—With more than 200 million migrants expected to move into China's cities over the coming decades, China should develop a "market mechanism" to reallocate farmland for urban use, said Jin-Yong Cai, the head of the World Bank's private-sector arm.

The World Bank is putting together a detailed plan on urbanization, along with a Chinese state think tank, the Development Research Center, to be released in December, which...